Mosman Oil and Gas again extends deadline for Welch asset sale in Texas

Fri, 3rd Jul 2020

Mosman Oil and Gas said it had again extended the completion date of a planned sale of its Welch project in Texas to Eagle Natural Resources. Mosman has agreed to sell the asset for $300k, but following a request from Eagle Natural Resources had extended the completion date by a further two weeks. The extension was granted on the basis that a non-refundable deposit paid by Eagle Natural Resources be increased to $90k, which had now been received. Full settlement of the balance of $210k was now expected to occur on 17 July. At 9:46am: (LON:MSMN) Mosman Oil And Gas Ltd share price was 0p at 0.09p Story provided by StockMarketWire.com

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